Porkus: damned good question. It comes back to is this a bull market correction or the end of a secular bear market rally? If the former, then a 10% yield on ADVDX is good relative to alternatives.
The more immediate question is what will the effect be on NAV tomorrow? I assume AGD and AOD will get massacred but an open ended fund like ADVDX will just redeem shares of sellers. Even if they have to sell stocks to do so, there won't be any immediate NAV effect. Am I missing something?
I plan on taking notes and writing a critique. But the way AGD/AOD have been taking the recent pounding, I fear someone might have advance knowledge, perhaps even panic shorting. Or then again, it could just be coincidence. With the premium still well over twelve percent, could just be the hot air balloon returning to Earth.